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REVENUE (Tables)
3 Months Ended
Jun. 30, 2022
Revenue From Contract With Customer [Abstract]  
Disaggregation of Revenue

The following tables provide detail of Orion’s total revenue for the three months ended June 30, 2022 and June 30, 2021 (dollars in thousands):

 

 

 

Three Months Ended June 30, 2022

 

 

 

Product

 

 

Services

 

 

Total

 

Revenue from contracts with customers:

 

 

 

 

 

 

 

 

 

 

 

 

Lighting product and installation

 

$

12,404

 

 

$

1,358

 

 

$

13,762

 

Maintenance services

 

 

989

 

 

 

3,065

 

 

 

4,054

 

Solar energy related revenues

 

 

 

 

 

 

 

 

 

Total revenues from contracts with customers

 

 

13,393

 

 

 

4,423

 

 

 

17,816

 

Revenue accounted for under other guidance

 

 

90

 

 

 

 

 

 

90

 

Total revenue

 

$

13,483

 

 

$

4,423

 

 

$

17,906

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended June 30, 2021

 

 

 

Product

 

 

Services

 

 

Total

 

Revenue from contracts with customers:

 

 

 

 

 

 

 

 

 

 

 

 

Lighting product and installation

 

$

27,359

 

 

$

6,661

 

 

$

34,020

 

Maintenance services

 

 

98

 

 

 

194

 

 

 

292

 

Solar energy related revenues

 

 

16

 

 

 

 

 

 

16

 

Total revenues from contracts with customers

 

 

27,473

 

 

 

6,855

 

 

 

34,328

 

Revenue accounted for under other guidance

 

 

773

 

 

 

 

 

 

773

 

Total revenue

 

$

28,246

 

 

$

6,855

 

 

$

35,101

 

Summary of Contract Assets and Liabilities

The following chart shows the balance of Orion’s receivables arising from contracts with customers, contract assets and contract liabilities as of June 30, 2022 and March 31, 2022 (dollars in thousands):

 

 

 

June 30,

2022

 

 

March 31,

2022

 

Accounts receivable, net

 

$

11,735

 

 

$

11,899

 

Contract assets

 

$

1,704

 

 

$

1,966

 

Contract liabilities

 

$

(52

)

 

$